Do you mean as a software application or as a methodology?
As a methodology, no. Even HR managers/reps/etc dont care about it once they begin working. All HR does nowadays is safeguard a company’s legal side.
As a software app there are especialized applications for the school system out there that work beautifully. Companies like Oracle (using Peoplesoft) and SAP will claim they can do it, but their software requires many modifications, which is the waay they sell their consulting divisions. Talk to other schools and investigate a few of the best of breed companies out there they have elegant solutions if you have the budget.

no, never